Lockton vs Risklytics: How Do They Compare for Workers’ Compensation Insurance?

Lockton, a broker, has dedicated programs for maritime, offshore and trucking employers plus access to more than 100 markets; Risklytics places coverage with outside carriers through an online application and says it adds no fee on top of premium.

Risklytics focuses on robotics, autonomy and AI businesses; Lockton lists captives, maritime programs and self-insurance for larger or complex accounts. ^2,^3,¹

What Are the Key Differences Between Lockton and Risklytics Workers’ Compensation Insurance?

Which Risks Each Brokerage Names

Risklytics frames its coverage around a narrower market, citing a technician straining their back or a field installer falling from a ladder, and placing coverage with insurers willing to write robotics, autonomy and AI risk. ² Lockton instead names capabilities for larger or more complex accounts: captive consulting and formation, Jones Act/Outer Continental Shelf/USL&H programs for maritime exposures, and qualified self-insurance design. ¹

Choose Risklytics if your operation involves robotics, autonomy or AI; choose Lockton if you need captive or maritime program design. ²

Fees Versus Market Access

Risklytics says plainly that it adds no broker fee on top of the premium, since its commission comes from the carrier either way.

You start Risklytics Workers' Compensation Insurance through Risklytics' online application. Risklytics says there is no broker fee on top of the premium and a licensed producer stays on the file until the program binds; its commission is paid by the carrier out of the premium either way. ^4,³Company-reported. Pricing page describes the general application and fee process, not a line-specific form.

Lockton's page doesn't describe its fee structure; it instead says clients can access more than 100 regional, global and program markets, with benchmarking through its InfoLock service. ¹

What Should You Confirm in Lockton and Risklytics Workers’ Compensation Insurance Quotes?

Ask Lockton directly whether it charges a broker fee beyond the premium, since its page is silent on the topic. ¹
Confirm which specialist insurer Risklytics would place your policy with, since its page names none specifically. ²
If your operation doesn't involve robotics, autonomy or AI risk, ask Risklytics whether its specialist carrier relationships still apply. ³
If your operation involves maritime or offshore exposure, ask Lockton whether its named specialty programs apply. ¹

Lockton vs Risklytics Workers’ Compensation Insurance Compared

Lockton vs Risklytics: Workers’ Compensation Insurance: documented features by provider

Criteria	Lockton Workers' Compensation Insurance Brokerage	Risklytics Workers' Compensation Insurance
Coverage Features	Lockton lists specialty workers' compensation capabilities: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, Jones Act/Outer Continental Shelf/USL&H programs for maritime and offshore exposures, trucking solutions including occupational accident programs, and qualified self-insurance consulting, implementation, administration, design and placement. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy.	Risklytics describes Workers' Compensation as paying an injured employee's medical bills and part of their wages, citing a technician straining their back and a field installer falling from a ladder at a customer site as examples, and distinguishes it from general liability, which would answer a customer's own employee being hurt instead. ²Company-reported. Lines page; the issued policy and declarations control actual coverage.
Role in This Line	Lockton's workers' compensation team designs programs and analyzes their effectiveness through what it calls a strategic claims mitigation process; the team includes actuaries, claims advisors and safety specialists working alongside brokers. Lockton is the broker, not the insurer of record. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.	Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Workers' Compensation Insurance with outside carriers; it says it does not underwrite policies itself. ³Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.
Risk Services	Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. Lockton says it offers a full suite of safety services designed to reduce loss costs, OSHA consulting, loss forecasting and probability analysis, and claims service advocates to help ensure coverage and reduce retained loss costs. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.	Risklytics calls workers' compensation easy to get, since it is legally required and priced from the client's payroll and job classifications. ²Company-reported. Lines page.

Criteria

Lockton Workers' Compensation Insurance Brokerage

Risklytics Workers' Compensation Insurance

Coverage Features

Lockton lists specialty workers' compensation capabilities: alternative risk expertise including captive consulting and formation, Texas non-subscription consulting, Jones Act/Outer Continental Shelf/USL&H programs for maritime and offshore exposures, trucking solutions including occupational accident programs, and qualified self-insurance consulting, implementation, administration, design and placement. ¹Company-reported. Workers' Compensation product page as read 2026-09-23. A capability list, not a specimen policy.

Risklytics describes Workers' Compensation as paying an injured employee's medical bills and part of their wages, citing a technician straining their back and a field installer falling from a ladder at a customer site as examples, and distinguishes it from general liability, which would answer a customer's own employee being hurt instead. ²Company-reported. Lines page; the issued policy and declarations control actual coverage.

Role in This Line

Lockton's workers' compensation team designs programs and analyzes their effectiveness through what it calls a strategic claims mitigation process; the team includes actuaries, claims advisors and safety specialists working alongside brokers. Lockton is the broker, not the insurer of record. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.

Risklytics Insurance Services is a licensed insurance producer (NPN 22311838) that places Risklytics Workers' Compensation Insurance with outside carriers; it says it does not underwrite policies itself. ³Company-reported. About page; describes Risklytics' brokerage model generally, restated for this line.

Risk Services

Lockton says clients can access more than 100 regional, global and program workers' compensation markets, and it offers benchmarking through its InfoLock service. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.

Lockton says it offers a full suite of safety services designed to reduce loss costs, OSHA consulting, loss forecasting and probability analysis, and claims service advocates to help ensure coverage and reduce retained loss costs. ¹Company-reported. Workers' Compensation product page as read 2026-09-23.

Risklytics calls workers' compensation easy to get, since it is legally required and priced from the client's payroll and job classifications. ²Company-reported. Lines page.